The Government of the Union of the Comoros

MORONI, COMOROS--(Marketwire - Oct. 9, 2012) - Recently, it has come to the attention of the Government of the Union of the Comoros, that a company claims to have an agreement in the exploration and production of oil within its territorial waters of the Comoros.

We would like to inform the oil industry in particular and the public in general that the only company that have an agreement for exploration and production of oil and gas within the territorial waters of the Comoros is Boulle Mining Group and its subsidiary company Mozambique Channel Discovery.

"We are very pleased that the Mozambique Channel Discovery has commenced the research towards the production of oil and gas and anticipate positive results for the benefit of the people of the Union of Comoros."